Tianjin Port Development's (HKG:3382) subsidiary Logistics Development agreed to purchase 18 sets of ART intelligent transport flatbed trucks from Jinan Heavy Equipment for 45.5 million yuan, a Tuesday Hong Kong bourse filing said.
Logistics Development's subsidiary, Xingdong Logistics, also agreed to purchase 24 sets of ART intelligent transport flatbed trucks from the same seller for 60.7 million yuan.
The group will utilize its internal resources to fund the purchases.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.